Check Point (CHKP) 10% Owner Shwed Gil Receives Option Grant

What Happened
Shwed Gil, a 10% owner of Check Point Software Technologies (CHKP), was granted options covering 170,000 ordinary shares on September 2, 2026. The grant is reported with a per-share figure of $133.89, for a notional value of $22,761,300; the award is a derivative option grant that vests over four years (see vesting schedule below). This is an award/grant (not an open‑market purchase or sale).

Key Details

• Transaction type: Option award (derivative grant) of 170,000 shares (Form 4 code A).
• Transaction date: 2026-09-02; filing date: 2026-09-03 (filed one day after the transaction).
• Reported per-share figure: $133.89; total reported value: $22,761,300.
• Vesting for this grant (Footnote F1): 42,500 shares vest each on Sept 2 of 2027, 2028, 2029 and 2030, subject to continued service.
• Holdings after grant: Options to acquire 2,310,000 ordinary shares in total (1,825,000 vested as of 2026-09-03; 485,000 unvested).
• Remaining previously granted unvested options (Footnote F2): 315,000 options scheduled to vest on multiple dates (Oct 31, 2026; Aug 3, 2027; Sept/Oct dates in 2027–2029) as listed in the filing.
• No indication this was a cashless exercise or sale; it is a standard time‑based option grant.

Context

• This was an option award, so no shares were sold or purchased in the open market at grant—the grant gives the holder the right to buy shares in the future subject to vesting and exercise terms.
• As a 10% owner, Gil’s transactions reflect significant insider holdings; awards to large holders are common for retention and compensation and do not by themselves indicate immediate buying or selling interest.
• Filing appears timely (filed the next day); no 10b5-1 plan, tax withholding, or sale noted in the filing.